Smart Locks Market, By Product Type (Deadbolt and Lever/Knob), By Unlocking Mechanism (keyboard, Touch Screen, App Based and Hybrid/Integrated), By Application (Government, Commercial, Industrial and Residential), By Region (North America, Latin America, Europe, and Middle East & Africa)

Published In : Aug 2023

Code : CMI3610

Pages :140

Formats :

Excel and PDF

Industry : Smart Technologies

Regional Analysis

Global Smart Locks Market: Regional Insights

North America region dominated the global smart locks market in 2023, accounting for 31.7% share in terms of value, followed by Europe and Asia-Pacific, respectively, and this is credited because of ascend in pattern for smart homes, expansion in entrance of IoT, and rise in real estate and hospitality areas moreover, expansion in interest in the government and defence sector for security and access the board and technological advancements in the telecom industry is supposed to drive the smart locks market development during the conjecture time frame. Be that as it may, the Asia-Pacific region is supposed to observe most noteworthy development in the impending years. This is credited because of progressions in innovation, computerized reasoning, and accessibility of shrewd home gadgets, for example, smart locks, which have prompted expansion sought after for smart locks. What’s more, the expansion being used of web, development in security worries in government workplaces and research canters, and increase in development activities in India are the main considerations answerable for the development in Asia-Pacific region.

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa